If the government deficit rises and private saving and investment do not change much ,the current account surplus must fall by roughly the same account as the increase in the fiscal deficit.
举一反三
- Over the last twenty years, the U.S. has generally had a current account ________ and a capital account ________. A: surplus, surplus B: surplus, deficit C: deficit, surplus D: deficit, deficit
- Current account surplus suggests there might be: A: Negative net savings of private secto B: Positive net savings of private secto C: Government deficit D: Government surplus
- When a country faces a current account surplus, theoretically it also faces A: a services trade deficit B: a capital and financial account deficit C: a capital and financial account surplus D: a services trade surplus
- A country has a current account __________ if it is saving more than it is investing domestically. A: surplus B: deficit C: balance D: unbalance
- When a country faces a current account deficit, it also faces: A: a services trade deficit. B: a capital account deficit. C: a capital account surplus. D: a merchandise trade deficit.